this post was submitted on 31 Dec 2023
193 points (100.0% liked)

memes

22774 readers
173 users here now

dank memes

Rules:

  1. All posts must be memes and follow a general meme setup.

  2. No unedited webcomics.

  3. Someone saying something funny or cringe on twitter/tumblr/reddit/etc. is not a meme. Post that stuff in !the_dunk_tank@www.hexbear.net, it's a great comm.

  4. Va*sh posting is haram and will be removed.

  5. Follow the code of conduct.

  6. Tag OC at the end of your title and we'll probably pin it for a while if we see it.

  7. Recent reposts might be removed.

  8. Tagging OC with the hexbear watermark is praxis.

  9. No anti-natalism memes. See: Eco-fascism Primer

founded 4 years ago
MODERATORS
WhyEssEff@hexbear.net
MiraculousMM@hexbear.net
FidelCastro@hexbear.net
ella@hexbear.net
corgiwithalaptop@hexbear.net
VILenin@hexbear.net
blashork@hexbear.net
EmmaGoldman@hexbear.net
ZoomeristLeninist@hexbear.net
193
Chinese commenter on how to use material conditions to change women's rights in Afghanistan (hexbear.net)
submitted 10 months ago by Awoo@hexbear.net to c/memes@hexbear.net
115 comments fedilink hide all child comments
 

China's gonna be a phenomenal world leader.

you are viewing a single comment's thread
view the rest of the comments
[–] DrBoom@lemmy.ml 0 points 10 months ago (3 children)

Tell that to Sri Lanka

[–] Dolores@hexbear.net 33 points 10 months ago

defaulting a loan and having that specific project repossessed is not at all equivalent to IMF demands of privatizing state assets and cutting social services lmao

[–] Lemmygradwontallowme@hexbear.net 29 points 10 months ago* (last edited 10 months ago)

I'm pretty sure you were born close to yesterday than even a year ago (Nov. 24th, 2023), considering these claims have been scrutinized to be more of a myth than reality already...

https://geopoliticaleconomy.com/2022/07/11/debt-trap-sri-lanka-west-china/

According to official statistics from Sri Lanka’s Department of External Resources, as of the end of April 2021, the plurality of its foreign debt is owned by Western vulture funds and banks, which have nearly half, at 47%.

The top holders of the Sri Lankan government’s debt, in the form of international sovereign bonds (ISBs), are the following firms:

BlackRock (US) Ashmore Group (Britain) Allianz (Germany) UBS (Switzerland) HSBC (Britain) JPMorgan Chase (US) Prudential (US)

If you're not convinced, even this China-critical youtube channel "Polymatter" admits "The danger of criticizing China for the wrong reasons is that it reduces credibility when you need it the most."

The Lowy Institute finds that, quote, “90% of China's bilateral loans have gone to countries that… could sustainably absorb such debt”.

There may be things I have missed...

[–] Tunnelvision@hexbear.net 5 points 10 months ago

Okay what about the debts China cleaned off from multiple nation’s multiple times?